Movano Inc. Soars 114.92% After Corvex Announces Long-Term GPU Lease Agreement
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 23 2026
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Source: Benzinga
- Stock Surge: Movano Inc. experienced a remarkable 114.92% increase in after-hours trading, reaching $14.98, reflecting strong market confidence following the announcement of a long-term GPU lease agreement with Corvex, indicating positive investor sentiment towards the company's future prospects.
- Technological Partnership: Corvex plans to utilize Nvidia's H200 GPU cluster to support its AI-powered battery technology development, showcasing Movano's technical capabilities and competitive edge in high-performance computing, which may further propel its advancements in the AI sector.
- Market Potential: Movano's selection of Corvex was driven by its strong value proposition, secure AI capabilities, and large-scale operational capacity, enhancing Movano's market position and potentially attracting more security-conscious enterprise clients, thereby expanding its market share.
- Trading Dynamics: Despite Movano's market capitalization of $5.82 million and an 85.83% decline in stock price over the past 12 months, this partnership could present new growth opportunities, necessitating cautious evaluation of future volatility and potential risks by investors.
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Analyst Views on MOVE
About MOVE
Movano Inc., doing business as Movano Health, is developing a platform to deliver purpose-driven healthcare solutions to bring medical-grade data to the forefront of consumer health devices. Its commercial product Evie Ring is a wearable designed specifically for women. The Evie Ring combines health and wellness metrics to give a full picture of one’s health, which includes resting heart rate, heart rate variability, blood oxygen saturation, respiration rate, skin temperature variability, period and ovulation tracking, menstrual symptom tracking, activity profile, including steps, active minutes and calories burned, sleep stages and duration, and mood tracking. The Company is also developing a proprietary System-on-a-Chip (SoC) designed for blood pressure or continuous glucose monitoring systems. This data is delivered through a mobile app which simplifies how data is presented and turns biometric data into actionable insights that help women make manageable lifestyle changes.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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